May 23, 2012, 11:58 PM
Post #1 of 1
Only Mexico’s middle class has grown over the past 30 years in North America, while income disparity has increased in Canada and the United States, according to a study here out Tuesday.
“Mexico’s middle class has benefited from urbanization, greater female employment, improved education and better social programs,” said economist Lars Osberg, the author of the report by the Canadian Centre for Policy Alternatives (CCPA).
In the study Osberg, a professor at Dalhousie University, tracks the rise and fall of income inequality in the three North America Free Trade Agreement (NAFTA) partners.
Similar trends in Canada and the United States helped maintain middle-class growth until the 1970s, Osberg said, but those trends “have since run out of steam.
(Full article here)